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leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
. there's supposedly meetings between the white house and senate and big game players later this beak. in erms the of a deal we're getting a real date, not necessarily august 2nd, but july 22nd. why? there's a ten-day period needed for the congressional budget office to score any type of compromise as well as you're going to have to sell this compromise to the members. house republicans have been steadfast they don't want any tax increases to consider any type of compromise. speaker boehner needs some time to sell that to his members. >> you're talking about political high ground. you're not talking about the substance. i want to ask you about libya. there is a procedural vote the first step on the kerry-minnesota cane resolution on libya what do you see there? >> it's around 5:30 p.m. today. it really is a procedural vote on the mccain-kerry libya resolution which says for one year the u.s. should allow -- there should be force in libya, u.s. backed force with no ground troops. to one democratic aide said they really don't know how this vote the going to come come out. there is specu
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Search Results 0 to 4 of about 5 (some duplicates have been removed)